Bitcoin clawed back some of its steep weekend losses in Monday trading, though the broader digital asset sector and related equities remained under significant selling pressure as investors digested a wave of forced liquidations and awaited key U.S. economic data.
McIlhenny Company, maker of Tabasco sauce, has sued Stoli Group USA, claiming the vodka giant's new 'Halapeño Pepper Vodka' unlawfully mimics the iconic hot sauce's packaging—a design initially proposed during failed partnership talks. The legal action intensifies as Tabasco launches its own competing spirit in collaboration with Absolut.
A multi-year investigation in North Georgia has led to the indictment of nine individuals accused of running a sophisticated scheme that falsified vehicle paperwork, enabling unlicensed drivers to illegally purchase and register cars while netting over $1 million.
While Intel's struggles capture public attention and government subsidies, a less-heralded semiconductor titan, Broadcom, is forging a formidable path in AI through its deep partnership with Alphabet and a business model built for the long haul.
As Bitcoin hovers near a critical price point, new data reveals a precarious zone where the operational viability of major mining firms begins to erode, potentially triggering a cascade of market pressures.
The United States is establishing a $12 billion national stockpile of critical minerals, including rare earths and key battery metals, in a decisive move to secure supply chains and reduce immediate strategic dependence on China.
The U.S. dollar index climbed to a one-week high, buoyed by unexpectedly strong manufacturing activity and the nomination of a perceived hawkish candidate for Federal Reserve Chair. The rally overshadowed ongoing concerns about fiscal policy and a brief government shutdown.
In a significant move to secure domestic supply chains for critical minerals, the U.S. government has taken a direct 15% equity position in MP Materials. This strategic investment, paired with expanded federal contracts, aims to reduce reliance on foreign sources for rare earths essential to defense and green energy technologies.
Aerospace giant Boeing is joining a major U.S. public-private initiative to build a national stockpile of critical minerals, a strategic move aimed at reducing dependence on foreign sources and bolstering domestic manufacturing resilience for defense and commercial programs.
Navitas Semiconductor is strategically shifting its focus from volatile consumer electronics to the high-growth, high-margin arenas of AI data centers and electric vehicles, underscored by a pivotal partnership with industry giant Nvidia.
Speculation mounts over a potential merger between Tesla and SpaceX, part of a broader strategic realignment under Elon Musk that could see Tesla shift focus from electric vehicles to humanoid robots and autonomous taxis, with xAI potentially in the mix.
Qualcomm shares have retreated over 12% this year, prompting a fresh debate on whether the chipmaker's long-term AI and edge computing narrative justifies its current valuation.
The head of the Minneapolis teachers' union has disclosed that local elected officials are participating in encrypted Signal groups used to organize surveillance and interference with federal immigration enforcement operations, raising questions about the boundaries of political activism.
U.S. equities edged higher Monday, buoyed by a rebound in semiconductor and AI infrastructure stocks, alongside a surge in rare earth companies following a new strategic initiative. Gains were tempered by falling energy shares, cryptocurrency volatility, and ongoing concerns over a partial government shutdown.
The U.S. manufacturing sector snapped a year-long contraction in January, with the PMI surging to its highest level since early 2022. A sharp rebound in new orders and production fueled the expansion, though concerns over future tariff policies and a still-sluggish jobs market temper the optimism.
Philadelphia District Attorney Larry Krasner faces mounting pressure and bipartisan condemnation after publicly threatening to 'hunt down' ICE agents, comparing them to Nazis. A Republican congressman has formally urged the Justice Department to open a criminal investigation into the remarks.
In a rare show of unity, Pennsylvania's political leaders from both parties are rallying behind the state's famed weather-predicting groundhog, pushing back against an animal rights group's call to replace the living animal with a digital projection.
U.S. stocks opened higher Monday, reversing earlier futures losses, as a stronger-than-expected manufacturing report boosted sentiment. The Dow Jones and Russell 2000 led the gains.
Amidst a resilient market backdrop, we spotlight three U.S. stocks trading significantly below their estimated intrinsic value, offering potential for investors willing to navigate current volatility.
Following the release of 5-year-old Liam Conejo Ramos and his father from ICE detention, Texas Representative Joaquin Castro accompanied them home and penned a heartfelt letter, telling Liam he 'moved the world' and highlighting the ongoing debate over U.S. immigration enforcement.
